Thu, Nov 27, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Emerging Trends, Residential property Watch more

U.S. struggles as biggest seller of homes in buyers’ market

Posted on 30 August 2011

Karen PetrouFor sale or rent by motivated owner: 248,000 foreclosed homes. The U.S. government, which has become the nation’s biggest owner of residential properties, is looking for ways to reduce and manage its huge inventory without swamping the real estate market or exposing federal agencies to enormous losses.
Government-run Fannie Mae, Freddie Mac and the Federal Housing Administration now own about a third of the country’s nearly 800,000 foreclosed properties. With that inventory predicted to grow, they are looking for new ways to cope……………………………………….Full Article: Source


 Article link

This post was written by:

Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


Contact the author

Comments are closed.

banner
November 2014
M T W T F S S
« May    
 12
3456789
10111213141516
17181920212223
24252627282930